Robert T Fournier - 786-286-6960
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NORTH BAY ROAD | DESIGNER-READY MODERN ESTATE Exceptional value for a modern 2008-built residence on one of Miami Beach’s most prestigious corridors. This home offers a rare opportunity to acquire a high-volume architectural blank canvas, ideal for cosmetic upgrades and design enhancements to achieve a top-tier valuation. The interior is defined by high ceilings and expansive open-concept living spaces. Several key infrastructure components have already been addressed, including a newer roof (2022), elevated base construction, and full impact-rated windows throughout allowing capital improvements to focus on design rather than structural systems. The residence is primed for cosmetic updates including flooring, kitchen and bath finishes, and exterior landscaping- offering a clear path to repositioning within the upper tier of North Bay Road valuations. The oversized pool and generous grounds provide the ideal foundation for high-impact outdoor enhancements, as reflected in the virtually showcased design concepts. For buyers evaluating replacement cost, land value, and long-term corridor appreciation, this represents one of the most compelling value-add opportunities currently available on North Bay Road- suitable for strategic renovation, portfolio hold, or luxury resale positioning.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 5620 Alton Rd | $2,400,000 | 4/4 | 2,964 | 275 | $0 | ||
| 5970 Alton Rd | $2,975,000 | 4/3 | 3,153 | 293 | $0 | ||
| 5244 Alton Rd | $3,650,000 | 4/3 | 3,833 | 356 | $0 | ||
| 5965 Alton Rd | $3,800,000 | 3/3 | 4,061 | 377 | $0 | ||
| 5625 N Bay Rd | $4,500,000 | 4/4 | 4,256 | 395 | $0 | ||
| 5055 N Bay Rd | $4,800,000 | 5/3 | 3,980 | 370 | $0 | ||
| 5825 Alton Rd | $4,950,000 | 6/5 | 3,559 | 331 | $0 | ||
| 5309 Alton Rd | $4,995,000 | 5/5 | 6,011 | 558 | $0 | ||
| 6020 Alton Rd | $5,800,000 | 4/4 | 0 | 0 | $0 | ||
| 5711 N Bay Rd | $6,000,000 | 4/4 | 2,988 | 278 | $0 | ||
| 5831 Alton Rd | $6,250,000 | 4/4 | 3,367 | 313 | $0 | ||
| 5763 N Bay Rd | $6,850,000 | 7/5 | 5,735 | 533 | $0 | ||
| 5226 N Bay Rd | $22,000,000 | 6/7 | 6,876 | 639 | $0 | ||
| 6380 N Bay Rd | $26,500,000 | 4/4 | 4,494 | 417 | $0 | ||
| 5300 N Bay Rd | $29,500,000 | 7/7 | 6,023 | 560 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 01/14/2026 | $2,823,325 | $3,250,000 | 5 | 5 | 3,392 | 1 month | |
| 12/31/2025 | $5,000,000 | $7,100,000 | 6 | 4 | 5,700 | 6 months | |
| 12/19/2025 | $2,550,000 | $2,750,000 | 3 | 3 | 2,180 | 1 year | |
| 11/21/2025 | $7,450,000 | $7,750,000 | 5 | 5 | 4,524 | 1 year | |
| 10/27/2025 | $2,400,000 | $2,400,000 | 4 | 4 | 2,982 | 1 month | |
| 09/22/2025 | $2,290,550 | $2,499,000 | 2 | 2 | 0 | 4 months |
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